Democrats and Republicans on the House Financial Services Committee on Tuesday advocated new restrictions on insider trading to help lift waning public trust in Congress…. “This is about restoring faith,” said Representative Tim Walz, a Minnesota Democrat who is sponsoring legislation to explicitly ban insider trading. “If you think a 9 percent approval rating is bad, don’t do anything, drag it out and watch what happens,” he said referring to polling on Americans’ approval of Congress.
Read more: Congress Considers New Limits on Insider Trading — Bloomberg News
